ENOV Stock | | | USD 47.74 0.53 1.10% |
Enovis Corp financial indicator trend analysis is much more than just examining Enovis Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enovis Corp is a good investment. Please check the relationship between Enovis Corp Total Revenue and its Capex To Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Enovis Stock please use our
How to Invest in Enovis Corp guide.
Total Revenue vs Capex To Revenue
Total Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enovis Corp Total Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enovis Corp's Total Revenue and Capex To Revenue is -0.41. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Enovis Corp, assuming nothing else is changed. The correlation between historical values of Enovis Corp's Total Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Enovis Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Total Revenue i.e., Enovis Corp's Total Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Enovis Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Enovis Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enovis Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Enovis Stock please use our
How to Invest in Enovis Corp guide.At this time, Enovis Corp's
Discontinued Operations is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas
Selling General Administrative is likely to drop slightly above 796
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 3.9B | 1.6B | 1.7B | 2.5B | Interest Expense | 72.6M | 24.1M | 19.7M | 18.8M |
Enovis Corp fundamental ratios Correlations
Click cells to compare fundamentals
Enovis Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enovis Corp fundamental ratios Accounts
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Additional Tools for Enovis Stock Analysis
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measure Enovis Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to
predict the probability of Enovis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.